FDIC Certificate #: 9374 Status: Active Federal Reserve ID: 107459 Date Established: September 10, 1891 Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 6019 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: August 12, 2010 Last Structure Change Process Date: August 12, 2010 Last Data Update: August 12, 2010 Data Source Date: April 05, 2012
Location
Address: 227 North Lafayette Street, Corder, MO 64021 County: Lafayette Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Kansas City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Kansas City, MO-KS (#3760) Combined Statistical Area (CSA): Kansas City-Overland Park-Kansas City, MO-KS (#312) Core Based Statistical Area (CBSA): Kansas City, MO-KS (#28140) CBSA Metro Statistical Area: Kansas City, MO-KS (#28140)
History of Changes
Change in Geographic Region/Area/Territory/Field Office
Financial Summary
Total assets: $13.4 mil Equity capital: $1.7 mil Deposits held in domestic offices: $11.6 mil Return on assets (ROA): 0.86% ($0.1 mil) Quarterly return on assets: 0.72% ($0.1 mil) Return on Equity (ROE): 7.07% ($0.1 mil) Quarterly return on equity: 5.80% ($0.1 mil) Net income: $0.1 mil Quarterly Net income: $0.0 mil Pretax return on assets: 1.01% ($135.0 mil) Quarterly Pretax return on assets: 0.93% ($124.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
5Total employees (full-time equivalent)
$13,362Total assets
$2,536Cash and due from depository institutions
$2,026Interest-bearing balances
$668Securities
$346Federal funds sold & reverse repurchase agreements
$9,588Net loans & leases
$90Loan loss allowance
$0Trading account assets
$14Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$13,362Life insurance assets
$210All other assets
$11,701Total liabilities and capital
$11,611Total liabilities
$9,677Total deposits
$11,611Interest-bearing deposits
$97Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$90Subordinated debt
$1,661All other liabilities
$1,661Total equity capital
$1,661Total bank equity capital
$0Perpetual preferred stock
$60Common stock
$200Surplus
$1,401Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$31Income earned, not collected on loans
$0Earning assets
$159Long-term assets (5+ years)
$12,628Average Assets, year-to-date
$584Average Assets, quarterly
$13,211Volatile liabilities
$13,288Insider loans
$9,454FHLB advances
$13,531Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$1,623Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,031Restructured Loans and leases
$47Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$602Total interest income
$90Total interest expense
$512Net interest income
$6Provision for loan and lease losses
$61Total noninterest income
$0Fiduciary activities
$55Service charges on deposit accounts
$0Trading account gains & fees
$6Additional noninterest income
$433Total noninterest expense
$257Salaries and employee benefits
$43Premises and equipment expense
$133Additional noninterest expense
$134Pre-tax net operating income
$0Securities gains (losses)
$20Applicable income taxes
$114Income before extraordinary items
$0Extraordinary gains - net
$114Net income attributable to bank
$0Net charge-offs
$114Cash dividends
$10Sale, conversion, retirement of capital stock, net
$60Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.77%Yield on earning assets
0.71%Cost of funding earning assets
4.05%Net interest margin
0.48%Noninterest income to earning assets
3.43%Noninterest expense to earning assets
0.86%Net operating income to assets
0.86%Return on assets (ROA)
1.01%Pretax return on assets
7.07%Return on equity (ROE)
3.35%Retained earnings to average equity (YTD only)
0.11%Net charge-offs to loans
60.00%Credit loss provision to net charge-offs
14.00%Efficiency ratio
75,567Assets per employee
2.67%Cash dividends to net income (YTD only)
Condition Ratios (%)
52.63%Loss allowance to loans
0.93%Loss allowance to noncurrent loans
290.32%Noncurrent assets plus other real estate owned to assets
0.23%Noncurrent loans to loans
0.32%Net loans and leases to deposits
82.58%Net loans and leases to core deposits
86.80%Equity capital to assets
12.43%Core capital (leverage) ratio
11.99%Tier 1 risk-based capital ratio
17.17%Total risk-based capital ratio
Memoranda
$18Average assets
$13,211Average earning assets
$1,612Average equity
$12,627Average loans
List of branches
1 Missouri Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
6019
The Corder Bank
227 North Lafayette Street, Corder, MO 64021
September 10, 1891
Full Service Brick and Mortar
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